Israel’s Bank Hapoalim denies putting ‘Peres & Associates’ on monthly retainer of $30,000 is aimed to help block projected government reforms.
• Peres’ company says revenues generated “goes to philanthropic & social projects, and to charity.”
By Hezi Sternlicht, Zeev Klein, and Israel Hayom Staff
Bank Hapoalim, Israel’s largest bank, has retained the services of former President Shimon Peres to promote some of its business interests, the financial daily The Marker reported Monday.

Former President Shimon Peres – Photo: Reuters
According to the report, the bank pays Peres and Associates, a company owned by the former president and managed by his son, Chemi Peres, a monthly retainer of $30,000 in consulting fees. Continue Reading »









